More City Business Articles

Real estate transactions

VW still considering a Huntsville plant

Apparently, more than $500 million in state incentives is not enough to assure that Volkswagen AG will choose Tennessee sites for all of its new vehicle production in the United States. More

Veteran VU endowment researcher leaves for trust firm

Wealth manager Diversified Trust Co. has hired Carol Womack away from the treasurer's office at Vanderbilt University, where she was responsible for the private equity and venture capital investments that make up 15 percent of the university's endowment. More

Cumberland Pharma taps new exec for commercial development

Local drug developer Cumberland Pharmaceuticals Wednesday announced the hiring of board member Martin E. Cearnal as its new senior vice president for commercial development. More

Gaylord plans Arizona resort

Gaylord Entertainment Co. has signed a deal to buy 100 acres in Arizona for a hotel and convention resort. More

SunTrust private banker leaves for Nashville Bank & Trust

Lattie Brown has joined Nashville Bank & Trust as senior vice president of private banking. More

Nashville home prices cited for stability

The Fiserv Case-Shiller Home Price Indexes yesterday used Nashville’s home market as an example of a ‘bright spot in a national market’ that has seen average prices fall by some 14 percent. More

Pinnacle lures SunTrust exec

Scott Lindsey has joined the trust services group of Pinnacle Financial Partners, leaving a group vice president post at SunTrust Bank. More

Moody’s downgrades CBRL

Citing weak demand and cost pressures, Moody's Investors Service on Tuesday lowered its rating on CBRL Group, the parent of the Cracker Barrel Old Country Store chain. More

State roundup: Memphis plans to revitalize Pyramid

Springfield, Mo.-based Bass Pro Shops and Memphis mayor Willie Herenton unveiled details of a long-discussed proposal to redevelop the vacant Pyramid arena in downtown Memphis into a 150,000-square-foot retail store with a hotel. More

East Nashville not ready for specialty grocers – yet

When Trader Joe’s announced this spring it will open its first Tennessee location in Green Hills near the recently opened Whole Foods, East Nashvillians started asking more fervently why their neighborhood can’t get a retailer of that ilk. More

Marketplace: Auto parts retailer inks 10-year lease

NAPA Auto Parts has leased a building on Murfreesboro Road that was once home to an International truck dealership. More

Star Bagel owner snaps up Sam and Zoe’s

Michael Miller, owner of Star Bagel, has purchased Sam and Zoe's in Berry Hill for an undisclosed price. He said he wants to add freshness to the menu and improve the quality of the food without changing the overall atmosphere. More

Creating Places: Loss of historic school buildings troubling for urban fabric

Nashville has about 135 public school buildings. More

SouthComm to launch technology e-digest this week

SouthComm Inc., publisher of The City Paper,, Music Row, Her Nashville, BusinessTN and other titles, will this week launch Open Source, a free bi-weekly e-newsletter covering technology, media, digital politics and more. More

Bricks and Mortar

New Businesses

Executive Appointments

Fleet One announces new hires Able named medical director More

Walking the Fine Line

The CEO of a $200 million business that’s tops in its state spots the chance to grow beyond his traditional turf. He secures the backing of his local board as well as his holding company, which has the means to back up his ambition. The plan is set in motion. More

The Chatter Class: An alternate approach to property tax

The vote two years ago to require a public referendum on property tax increases put a serious crimp in the ability of Nashville’s elected officials to raise revenue when needed. More